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Bangladesh probes cause of massive airport fire

Bangladeshi traders on Sunday assessed heavy losses after a devastating fire tore through the cargo complex of the country's main international airport, as the government opened an investigation into possible arson.

Ivory Coast 'returnees' rebuild lives at home

In the Ivory Coast town of Daloa, tales like Marie Godo's of dreams shattered overseas are common.

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Asia markets mixed as Chinese stocks lose steam

Asian stock markets diverged on Thursday, with Tokyo and Seoul tracking gains made the previous day on Wall Street even as a selloff of Chinese equities intensified.

Trump admin asks Supreme Court for 'expedited' ruling on tariffs

President Donald Trump's administration asked the US Supreme Court on Wednesday for an expedited ruling preserving the tariffs that have roiled global markets, saying a lower court ruling against it has already damaged trade negotiations.

Digital loan sharks prey on inflation-hit Nigerians

Cash-strapped and in dire need of 30,000 naira (about $20), Mariam Ogundairo turned to a loan app, downloading it and registering her phone number.

Asia markets tick up after Wall Street rebound

Asian stock markets were mostly up Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United States boosted hopes for an interest-rate cut.

Colombia coal exports plummet after ban on Israel sales

Colombia's coal exports fell by almost half in July compared to the same month last year, official figures showed Wednesday, amid a global price crisis and days after President Gustavo Petro's ban on sales to Israel.

Record French fines for Google and Shein over cookies

France's data protection authority on Wednesday issued record fines against search giant Google and fast-fashion platform Shein for failing to respect the law on internet cookies.

Lost for 50 years, Nobel patents found in Swedish summer home

A dozen patents belonging to Swedish inventor and philanthropist Alfred Nobel and lost for almost 50 years were recently found in a Swedish couple's summer house, the Nobel Foundation told AFP.

Stocks bounce as global bond selloff eases

European and US equities mostly rebounded Wednesday as a global bond selloff eased, with shares in Google parent Alphabet jumping after a favourable court ruling.

Ryanair slashes winter seats in Spain over airport fees

Irish budget airline Ryanair on Wednesday said it would slash more than one million winter seats in Spain over "excessive airport fees", sparking "extortion" accusations from the national airport operator.

UK govt pledges to keep grip on spending ahead of budget

Britain's finance minister Rachel Reeves on Wednesday promised to keep a "tight grip" on public spending as interest rates soar on the UK's long-term debt, and set November 26 for her annual budget speech.

Iran's small businesses hit by rolling blackouts

Pizzeria owner Saeed is unable to take or serve orders at his restaurant in the Iranian capital, his business stalled by rolling power outages that have compounded the country's many economic woes.

Global bond selloff spreads to Japan, gold hits record high

A global bond selloff extended on Wednesday, sending yields in Japan to record levels, and gold reached a new peak, as investors fret over mounting government debt.

Arrest of comedy writer sparks UK free speech row

The arrest of an Emmy award-winning comedy writer for social media posts about transgender people has reignited a UK row over freedom of speech, with one government minister saying Wednesday "we need to look at" the law.

England moves to ban sale of energy drinks to children

High-caffeine energy drinks such as Red Bull will be banned for sale to youths under 16 in England under plans announced by the government on Wednesday.

Shell abandons huge biofuel project in Netherlands

British oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in the Netherlands, as it focuses on its fossil fuels business.

Japan's long-term borrowing costs, gold hit record highs

A global bond selloff extended into Asia on Wednesday with yields in Japan hitting record levels, while gold reached a new peak as investors fret about public finances in countries from Japan to the United States.

South Africa women's team step up to chase Springbok success

South Africa's women's team are stepping out from the monumental shadow of the four-time world champion Springboks as they prepare for their first-ever quarter-final appearance in a Rugby World Cup by taking on France this weekend.

Economists back Fed Governor Cook as Trump attempts ouster

Nearly 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank independence, as Cook battles President Donald Trump's attempt to fire her.

US limits TSMC chipmaking tool shipments to China

President Donald Trump's administration has revoked Taiwanese semiconductor giant TSMC's authorization to export US chipmaking equipment to China without a license, further restricting access to US technology in the country.

Nestle CEO switch a chance to reset: experts

Nestle's sudden sacking of its chief executive over an office relationship gives the Swiss food giant a chance to reset and return to its strengths, industry analysts said Tuesday.

Anthropic valued at $183 bn in new funding round

Anthropic announced Tuesday that it raised $13 billion in a funding round valuing the artificial intelligence startup at $183 billion.

Vogue appoints Chloe Malle to replace fashion doyenne Wintour

Chloe Malle will follow Anna Wintour as editor of Vogue, the magazine said Tuesday, resolving an intrigue that has gripped fashion and journalism circles for months.

Bubble burst: French winemaker jailed for huge champagne fraud

A French winemaker who made and sold thousands of bottles of fake champagne in an elaborate scam involving carbonating Spanish wine was jailed Tuesday.

Gold hits high, stocks retreat as investors seek safety

The price of gold struck a record high above $3,500 an ounce Tuesday while stock markets mostly retreated as investors sought safety on global economy concerns.

'No miracle' in last-ditch talks with French PM: far right

Last ditch talks between the French far right and Prime Minister Francois Bayrou did not achieve any breakthrough, its leaders said Tuesday, heightening the chances that he will lose a confidence vote next week.

Over the Moon: Fake astronaut scams lovestruck Japanese octogenarian

A Japanese octogenarian was swindled out of thosands of dollars after falling in love online with a self-described astronaut who sought her help to avert a spaceship crisis, police said Tuesday.

Premier League clubs break £3 billion barrier to roar ahead of rivals

Record spending of £3 billion ($4 billion) during the summer transfer window further cements the Premier League as the "most competitive in world football", according to financial experts Deloitte.

Suntory CEO quits over Japan drugs probe

One of Japan's best-known business people has resigned as CEO of beverage giant Suntory after police raided his house in an illegal drugs probe, the company and media reports said Tuesday.

Gold rushes to new high as Asia stocks mixed

Gold hit a record high Tuesday as a weaker dollar and expectations of a US interest rate cut made the safe haven an attractive investment.

Australia to tackle deepfake nudes, online stalking

Australia said Tuesday it will oblige tech giants to prevent online tools being used to create AI-generated nude images or stalk people without detection.

'Vibe hacking' puts chatbots to work for cybercriminals

The potential abuse of consumer AI tools is raising concerns, with budding cybercriminals apparently able to trick coding chatbots into giving them a leg-up in producing malicious programmes.

Nestle sacks CEO over office relationship

Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".

The Prague Post - Economy (English)